Since dethroning France in 2012, Spain remains Morocco’s leading customer. In the first nine months of 2018, Moroccan exports to Spain increased by 6.2% to 4.985 million euros compared to the same period last year according to Eurostat. According to data published by the Statistical Office of the European Union (Eurostat), Moroccan imports of goods of Spanish origin increased by 2.8% over the same period, reaching a total of 6,442 million EUR.
Spain imports mainly “electrical equipment and clothing”, while Morocco buys “fuel and lubricants and mechanical components” from its neighbor. Spain is Morocco’s largest customer in the first nine months of 2018 and Spanish imports (4,985 million EUR) account for 41.6% of total EU imports from the Kingdom.
In addition, Spain is Morocco’s largest supplier, with Spanish exports (11,896 million euros) accounting for 35.7% of all Community exports to Morocco. In addition, Moroccan exports to the European Union (EU) at the end of September 2018 rose by 6.1% to 11,896 million euros, while Moroccan imports from the EU as a whole grew by 4.9% during the period January-September 2018, amounting to 17.119 million euros (latest figures available), according to the European Statistical Office.